Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Retail sales tumble much more than expected in January By: FOX Business February 15, 2024 at 08:42 AM EST Retail sales, a measure of how much consumers spent on a number of everyday goods including cars, food and gasoline, unexpectedly dropped 0.8% in January. Americans pumped the brakes on spending in January after the pivotal holiday season as they continued to confront high interest rates and steeper prices for everyday goods.Retail sales, a measure of how much consumers spent on a number of everyday goods including cars, food and gasoline, tumbled 0.8% in January, the Commerce Department said Thursday. That is lower than both the 0.1% decline projected by Refinitiv economists and the revised 0.4% increase recorded in December.It marks the worst month for retail sales since March 2023.This is a developing story. Please check back for updates. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Retail sales tumble much more than expected in January By: FOX Business February 15, 2024 at 08:42 AM EST Retail sales, a measure of how much consumers spent on a number of everyday goods including cars, food and gasoline, unexpectedly dropped 0.8% in January. Americans pumped the brakes on spending in January after the pivotal holiday season as they continued to confront high interest rates and steeper prices for everyday goods.Retail sales, a measure of how much consumers spent on a number of everyday goods including cars, food and gasoline, tumbled 0.8% in January, the Commerce Department said Thursday. That is lower than both the 0.1% decline projected by Refinitiv economists and the revised 0.4% increase recorded in December.It marks the worst month for retail sales since March 2023.This is a developing story. Please check back for updates.